Global coal production fell by 6.2% last year. That’s the largest annual decline on record. Consumption was down, too, for the second year in a row, falling 1.7%.
Those are two big takeaways from this year’s just-released BP Statistical Review of Energy—a report whose launch press release is appropriately titled “Energy markets in transition.”
In many ways, we shouldn’t be surprised. From the UK’s first coal-free day since the Industrial Revolution to India halting coal plant production in the very near future, the bad news has been coming thick and fast for coal over the last few years. Indeed, the report shows that the shift away from coal is as decisive as it is widespread, with the UK consuming 52.5% less in 2016, the US dipping 8.8%, and China’s consumption dropping 1.6%, too. Read More…
Credit By: Treehugger
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